Shares Of Dewan Housing Finance Corporation Declined More Than 7 Percent

Shares of Dewan Housing Finance Corporation declined more than 7 percent on June 28 as company deferred Q4 earnings announcement.

Shares of real estate major DLF gained as much as 2 percent on June 28 after its promoters infused Rs 2,250 crore in the company against the issuance of new equity shares.

Share price of Cox & Kings locked at 10 percent lower circuit on July 27 as company has defaulted on the payment of commercial papers due to cash flow mismatch. There were pending sell orders of 1,695,952 shares, with no buyers available.

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The Sensex Is Up 66.54 Points At 39652.95, While Nifty Is Up 26.80 Points At 11868.30

The Sensex is up 66.54 points at 39652.95, while Nifty is up 26.80 points at 11868.30. About 360 shares have advanced, 216 shares declined, and 22 shares are unchanged.

IOB, Tech Mahindra, Wipro, Dr Reddy’s Lab, Sun Pharma, UPL and Britannia Industries are among major gainers on the indices in the early trade, while losers are Bank of Baroda, ICICI Bank, Zee Entertainment, Titan, Bharti Airtel, Cox & Kings and Suzlon Energy.

All the sectoral indices are trading marginally higher led by the pharma, IT, FMCG and energy.

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Wall Street Ends Mixed: The S&P 500 And The Nasdaq Closed Higher

Trends on SGX Nifty indicate a positive start for the broader indices in India, a gain of 20.50 points or 0.17 percent. Nifty futures were trading around 11,912.50-level on the Singaporean Exchange.

Wall Street ends mixed: The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running US-China trade dispute, which has whipsawed markets for months.

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Bharti Infratel Shares Gained 2.6 Percent After Global Investment Firm Morgan

Bharti Infratel shares gained 2.6 percent after global investment firm Morgan Stanley resumed its coverage with overweight rating on the stock, citing stability in tenancy.

IndusInd Bank gains 2%: IndusInd Bank shares gained 2 percent on June 27 after global brokerage Deutsche Bank expects 32 percent upside in the stock, amid benefits from Bharat Financial merger and improving asset quality.

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It Is Flat To Positive Start For The Indian Indices On June 27

It is flat to positive start for the Indian indices on June 27 on the back of no major global cues.

The Sensex is up 74.75 points or 0.19% at 39666.83, and the Nifty up 21.90 points or 0.18% at 11869.40. About 461 shares have advanced, 229 shares declined, and 28 shares are unchanged.

Zee Entertainment, Bharti Airtel, NTPC, L&T, IndusInd Bank, Indiabulls Housing, Asian Paints, Kotak Mahindra Bank are among major gainers on the Indices, while losers include Emami, Motherson Sumi, Cox & Kings BPCL, IOC, JSW Steel and Reliance Industries.

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Asian Markets Were Busy Going Nowhere On Thursday

Asian markets were busy going nowhere on Thursday as confusion shrouded the chances of any progress in the Sino-U.S. trade standoff, while bulls scaled back wagers for a drastic cut in U.S. interest rates.

Wall Street ends marginally lower: The S&P 500 ended lower on Wednesday as gains in technology stocks were offset by a drop in healthcare shares, and investors parsed mixed messages over prospects for a deal to end a trade war between the United States and China.

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Shares Of SBI Life Insurance Company Rose 6 Percent In The Early Trade

Shares of SBI Life Insurance Company rose 6 percent in the early trade on June 26 after foreign research house Deutsche Bank has maintained buy rating on the stock with a target of Rs 830 per share.

Shares of SpiceJet gained as much as 5 percent on June 26, a day after the low-cost carrier said it would launch eight new daily international flights from Mumbai and Delhi in July.

Edelweiss Financial Services shares gained more than a percent intraday after ICRA reaffirmed its credit rating for company's commercial paper and non-convertible debentures.

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The Sensex Is Down 63.84 Points Or 0.16% At 39371.10, And The Nifty Down 17.30 Points

The Sensex is down 63.84 points or 0.16% at 39371.10, and the Nifty down 17.30 points or 0.15% at 11779.20. About 230 shares have advanced, 378 shares declined, and 30 shares are unchanged.

NTPC, Bharti Airtel, Axis Bank are among major gainers on the Indices, while losers are UPL, Zee Entertainment, Dr. Reddy's Lab, IndusInd Bank, HDFC, Titan Company and Maruti Suzuki.

Among sectors, selling seen in the FMCG, IT, metal and PSU bank, while buying seen in the auto, energy, infra and pharma.

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Wall Street Stock Indexes Fell On Tuesday, Led By A Sharp Selloff

Wall Street declines: Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while the Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates.

Trends on SGX Nifty indicate a negative opening for the broader indices in India, a fall of 22 points or 0.19 percent. Nifty futures were trading around 11,770.50-level on the Singaporean Exchange.

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Shares Of Piramal Enterprises Shed 3 Percent In The Early Trade

Shares of Piramal Enterprises shed 3 percent in the early trade on June 25 after the company said that it was evaluating the feasibility of sale of its entire stake in Shriram Capital.

Eris Lifesciences gains 5%: Shares of Eris Lifesciences gained more than 5 percent in the early trade on June 25 as company board is going to consider buy back of shares.

The dollar on Tuesday remained shackled by the prospects of monetary easing by the Federal Reserve while the safe-haven Swiss franc and gold were supported by simmering tensions between Washington and Tehran.

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It Is A Weak Start For The Benchmark Indices On June 25 With Nifty

It is a weak start for the benchmark indices on June 25 with Nifty around 11,650.

The Sensex is down 137.85 points at 38,985.11, while Nifty is down 41.50 points at 11,658.20. About 244 shares have advanced, 507 shares declined, and 28 shares are unchanged.

ONGC, NTPC, M&M, Eicher Motors, Bharti Airtel and Oberoi Realty are among major gainers on the indices, while losers are Tata Steel, JSW Steel, Indiabulls Housing, Yes Bank, Zee Entertainment, IndusInd Bank and Tech Mahindra.

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Trends On SGX Nifty Indicate A Flat Opening For The Broader Indices

SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader indices in India, a gain of 7 points or 0.06 percent. Nifty futures were trading around 11,723-level on the Singaporean Exchange.

Wall Street ends mixed: The S&P 500 edged lower on Monday as losses by healthcare companies overshadowed gains in the technology sector, while investors awaited U.S. President Donald Trump's meeting with Chinese President Xi Jinping at the G20 summit this week.

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Sundaram Finance Shares Gained More Than 2 Percent Intraday

Sundaram Finance shares gained more than 2 percent intraday on acquisition of BNP Paribas' stake in securities business.

"We approved the acquisition of 2,20,51,470 equity shares, representing 49 percent in its subsidiary company, Sundaram BNP Paribas Fund Services Limited , from BNP Paribas Securities Services, France, for a total consideration of Rs 1.5 crore," the company said in its NSE filing.

After this proposed acquisition, company's stake in SBFS will increase from 51 percent to 100 percent and SBFS will become a wholly-owned subsidiary of company.

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It Is A Negative Start For The Indian Indices On June 21 After A Massive Rally

It is a negative start for the Indian indices on June 21 after a massive rally seen in the previous session.

The Sensex is down 159.11 points or 0.40% at 39442.52, and the Nifty down 44.40 points or 0.38% at 11787.40. About 259 shares have advanced, 494 shares declined, and 31 shares are unchanged.

Indigo, Pidilite Industries, Ashok Leyland, TVS Motors, Tata Motors, Maruti Suzuki, Asian Paints, Sun Pharma, Infosys, TCS are among the major losers on the indices, while gainers are UPL and HCL Tech.

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Wall Street Ends Higher: The Benchmark S&P 500 Index Hit A Record High On Thursday

Wall Street ends higher: The benchmark S&P 500 index hit a record high on Thursday as an almost giddy euphoria over the prospects of a U.S. interest rate cut fueled the appetite for equities, but there are plenty of pitfalls that could throw the stock market off course.

SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader indices in India, a fall of 3.50 points or 0.03 percent. 

Nifty futures were trading around 11,861.50-level on the Singaporean Exchange.

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Indiabulls Housing Finance Will Conduct Buyback Of All Its NCDs

Indiabulls Housing Finance will conduct buyback of all its NCDs maturing in July & August and aggregate amount outstanding under these NCDs is Rs 2,285 crore, reports CNBC-TV18.

Adani Green Energy rises 6%: Share price of Adani Green Energy rose 6 percent in the early trade on June 20 after it received letters of award setting up wind-solar hybrid power projects.

IndusInd Bank and Bharat Financial Inclusion shares gained more than 2 percent on June 20 after both companies board members fixed July 4 as record date for merger.

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The Indian Indices On June 20 With Nifty Around 11,650 Level

It is weak start for the Indian indices on June 20 with Nifty around 11,650 level.

The Sensex is down 81.12 points or 0.21% at 39031.62, and the Nifty down 25.00 points or 0.21% at 11666.50. About 229 shares have advanced, 380 shares declined, and 36 shares are unchanged.

Axis Bank, Wipro, UPL, TCS, Infosys, Tech Mahindra, IRB Infra, Ashok Leyland, HCL Tech, Yes Bank, Britannia and Maruti Suzuki are among major losers on the indices, while gainers were Indiabulls Housing, RIL ONGC, Eicher Motors, L&T and IOC.

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Asian Markets Trade Firm: A Gauge Of Global Stock Markets Edged

Asian markets trade firm: A gauge of global stock markets edged near this year's peak while benchmark U.S. Treasury yields and the dollar dropped after the Federal Reserve signalled possible interest rate cuts later this year.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2% while Japan's Nikkei gained 0.5%.

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 31.50 points or 0.27 percent. Nifty futures were trading around 11,750-level on the Singaporean Exchange.

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HCL Technologies And Cricket Australia Announced A Multi-Year Partnership

HCL Technologies in partnership with Cricket Australia: HCL Technologies and Cricket Australia announced a multi-year partnership, with HCL being chosen as the Digital Technology Partner of CA.

HCL will implement its Scale Digital methodology to enable Cricket Australia to unite and inspire their cricket community through advanced digital platforms.

Shares of Titan Company added 2 percent on June 19 after global brokerage UBS raised price target on the stock by 28 percent.

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The Sensex Is Up 267.07 Points Or 0.68% At 39,313.41, And The Nifty Up 81.90 Points

The Sensex is up 267.07 points or 0.68% at 39,313.41, and the Nifty up 81.90 points or 0.70% at 11,773.40. About 523 shares have advanced, 288 shares declined, and 33 shares are unchanged

Tata Steel, Tata Motors, Indiabulls Housing, NMDC, JSPL, SAIL, Bank of Baroda, Bank of India, SBI and Ashok Leyland are among major gainers on the indices, while losers are BPCL, IOC and Britannia.

All the sectoral indices are trading higher led by PSU bank, metal, infra, auto, energy, IT and pharma.

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Trends On SGX Nifty Indicate A Positive Start For The Broader Indices In India

Trends on SGX Nifty indicate a positive start for the broader indices in India, a gain of 44 points or 0.38 percent. Nifty futures were trading around 11,756-level on the Singaporean Exchange.

Wall Street ends higher: Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year.

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Dabur India To Sell With A Target Price Of Rs 334, Implying 16.66 Percent

Goldman downgraded Dabur India to sell with a target price of Rs 334, implying 16.66 percent potential downside from current levels as key segments seeing competition is main reason to sell.

"Juices, Hair Care & Oral Care are seeing heightened competition. We see resurging of price-led competition in the low-unit hair oil packs," the brokerage said, adding oral care is seeing a resurgence of competition from Colgate.

Goldman sees challenges to consumption growth due to slowdown in agri and rural wages. Dabur has amongst the highest exposure to rural India for its domestic business.

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It Is A Firm Opening For The Benchmark Indices On June 18

It is a firm opening for the benchmark indices on June 18 with Nifty around 11,700.

The Sensex is up 114.52 points at 39,075.31, while Nifty is up 33.80 points at 11706. About 403 shares have advanced, 226 shares declined, and 25 shares are unchanged.

IndusInd Bank, Axis Bank, ITC, Maruti Suzuki, Tata Motors, Tata Steel, Zee Entertainment are some of the major gainers on the indices, while losers are SBI, Yes Bank, Indiabulls Housing, HUL and ONGC.

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Wall Street Ends Higher: On Monday, The Dow Jones Industrial Average Rose 22.92 Points

Wall Street ends higher: On Monday, the Dow Jones Industrial Average rose 22.92 points, or 0.09%, to 26,112.53, the S&P 500 gained 2.69 points, or 0.09%, to 2,889.67 and the Nasdaq Composite added 48.37 points, or 0.62%, to 7,845.02.

Asian markets trade mixed: Investor caution ahead of the Federal Reserve's interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.

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Shares Of Shriram Transport Finance Corporation Fell 6.5 Percent

Shares of Shriram Transport Finance Corporation fell 6.5 percent on June 17 after about 10 percent equity changed hands via block deals in early trade on the NSE.

ITC shares fell after global brokerage house CLSA slashed price target on lower cigarette multiple.

The dollar hovered near a two-week high early on Monday, as strong US retail sales data tempered some of the fears about a sharp downturn in the world’s largest economy.

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The Sensex Is Down 47.78 Points Or 0.12% At 39404.29, And The Nifty Down 22.90 Points

The Sensex is down 47.78 points or 0.12% at 39404.29, and the Nifty down 22.90 points or 0.19% at 11800.40. About 298 shares have advanced, 490 shares declined, and 61 shares are unchanged.

Cadila Healthcare, Aurobindo Pharma, Asian Paints, L&T, Titan Company, ICICI Bank, M&M are some of the major gainers on the indices in the early trade, while losers are Shriram Transport, JSW Steel, Tata Steel, Axis Bank and IndusInd Bank.

Among the sectors, except infra, all other sectoral indices are trading lower.

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Asian Shares Got Off To A Shaky Start On Monday As Investors Were Cautious

Asian markets trade mixed: Asian shares got off to a shaky start on Monday as investors were cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East and Hong Kong kept risk-appetite in check.

SGX Nifty: Trends on SGX Nifty indicate a flat start for the broader index in India, a gain of 0.06 points or 7.50 percent. Nifty futures were trading around 11,838.50-level on the Singaporean Exchange.

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Hexaware Technologies Gains 2% On Acquisition

Hexaware Technologies gains 2% on acquisition: Hexaware Technologies Inc., a wholly owned subsidiary of Hexaware Technologies, India has acquired 100% shares of Mobiquity Inc. and Hexaware Technologies has acquired 100% shares of Mobiquity Softech.

Wockhardt shares rallied 3.7 percent after the US health regulator issued zero 483 observations for bioequivalence centre in Maharashtra.

Dr Lal PathLabs: Board of directors of company's wholly owned subsidiary viz. Pathlabs Unifiers approved signing a binding term sheet for acquisition of 70% equity stake in a New Company to be incorporated by Vinita Kothari and Sushila Dalal.

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The Benchmark Indices On The Last Trading Session Of The Week

It is a flat to negative start for the benchmark indices on the last trading session of the week.

The Sensex is down 22.28 points at 39,719.08, while Nifty is down 16.60 points at 11,897.40. About 315 shares have advanced, 440 shares declined, and 41 shares are unchanged.

In the early trade, Yes Bank, Hexaware, Bajaj Finance, Indiabulls Housing, Gail, Power Grid, HDFC Bank, HDFC, ICICI Bank, are among major gainers on the indices, while losers include RIL, IOC, BPCL, Dr Reddy's Lab, Gruh Finance, ITC, Bharti Airtel, Tata Steel, SBI and Zee Entertainment.

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Wall Street Ends Higher: US Stocks Rose On Thursday

Wall Street ends higher: US stocks rose on Thursday after two days of declines, as energy shares rebounded with oil on concerns of a supply disruption following attacks on two tankers in the Gulf of Oman.

Asian markets trade mixed: Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world's main sea lanes.

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Yes Bank Shares Plunged 9 Percent And IndusInd Bank Tanked 6 Percent Intraday

Yes Bank shares plunged 9 percent and IndusInd Bank tanked 6 percent intraday after global brokerage house UBS slashed price target sharply by 47 percent and 18 percent respectively, citing weak earnings going ahead.

UBS downgraded IndusInd Bank to sell and cut price target to Rs 1,400 from Rs 1,700 earlier while in case of Yes Bank, the brokerage maintained sell rating and slashed target to Rs 90 from Rs 170 apiece, but favoured Axis Bank & ICICI Bank.

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Shares Of Jet Airways Plunged More Than 14 Percent On June 13

Jet Airways plunges 14%: Shares of Jet Airways plunged more than 14 percent on June 13 after stock exchanges decided to impose trading restrictions on the beleaguered airline.


Tata Motors Group global wholesales slips 23% in May 2019: The Tata Motors Group global wholesales in May 2019, including Jaguar Land Rover, were at 82,374 units, down by 23%, over May 2018.

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Indian Indices Opened On Negative Note On June 13 With Nifty Below 11,900

Indian indices opened on negative note on June 13 with Nifty below 11,900 level.

The Sensex is down 130.34 points at 39,626.47, while Nifty is down 39.70 points at 11,866.50. About 224 shares have advanced, 385 shares declined, and 34 shares are unchanged.

DHFL, Jet Airways, Indiabulls Housing, Infosys, HCL Tech, Yes Bank, Zee Entertainment, TCS, Tech Mahindra, Tata Motors, ONGC, Grasim, Hero Motocorp, Britannia and HUL are among major losers on the indices, while gainers are BPCL, IOC, HPCL, Asian Paints, Berger Paints and Kansai Nerolac.

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Asian Stocks Stuttered On Thursday, Dogged By The Uncertainty

Asian markets trade lower: Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable US-China trade dispute, while oil prices flirted with five-month lows thanks to higher U.S. crude inventories and a bleaker demand outlook.

Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a US interest rate cut rose and energy shares tumbling along with oil prices.

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The Sensex Is Down 141.89 Points At 39808.57, While Nifty Is Down 45.10 Points

The Sensex is down 141.89 points at 39808.57, while Nifty is down 45.10 points at 11,920.50. About 230 shares have advanced, 430 shares declined, and 30 shares are unchanged.

Yes Bank, SBI, Indiabulls Housing, ONGC, Zee Entertainment, Bharti Airtel and Infosys are among major losers on the indices in the early trade, while gainers are DHFL, JSW Steel, Tata Steel, Sterlite Tech, Motherson Sumi, ITC and Asian Paints.

Among the sectors, except metal and energy all other indices are trading lower led by IT, pharma, auto, bank and infra.

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Wall Street Ends Marginally Lower: US Stocks Ended Near Flat

Wall Street ends marginally lower: US stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the US trade war with China.

Asian markets trade mixed: Asian share markets got off to a cautious start on Wednesday as the White House took a tough line on a trade deal with China, just as investors were bracing for the latest batch of economic data from the Asian giant.

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JSW Steel Crude Steel Production Up 4%: The Company Reported Crude Steel

JSW Steel crude steel production up 4%: The company reported crude steel production at 14.53 lakh tonnes for May 2019, a growth of 4 percent against May 2018 production of 13.99 lakh tonnes.


Indiabulls Housing dips 8%: Share price of Indiabulls Housing Finance shed 8.2 percent in the early trade on May 11 after legal action filed against the company for alleged misappropriation of Rs 98,000 crore of public money.

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Benchmark Indices Opened On Positive Note On June 11 With Nifty

Benchmark indices opened on positive note on June 11 with Nifty around 11,950 level.

The Sensex is up 139.13 points at 39923.65, while Nifty is up 30.80 points at 11953.50. About 352 shares have advanced, 274 shares declined, and 35 shares are unchanged.

DHFL, Vedanta, UltraTech Cement, Tata Steel, IndusInd Bank, ITC, TCS, Coal India are some of major gainers on the indices, while losers include Indiabulls Housing, Sun Pharma, Eveready Industries, Reliance Power, Suzlon, Reliance Power, Bharti Airtel, Yes Bank and Britannia Industries.

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Asian Stocks Made Modest Gains On Tuesday After The Trump Administration Shelved Plans

Asian stocks made modest gains on Tuesday after the Trump administration shelved plans for tariffs against Mexico, lifting Wall Street, however, fresh US trade threats against China are expected to limit any major investor sentiment boost.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 23 points or 0.19 percent. Nifty futures were trading around 11,966-level on the Singaporean Exchange.

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The Construction Arm Of L&T Has Secured Orders From Prestigious Clients

The construction arm of L&T has secured orders from prestigious clients across various Indian states for its varied businesses.

Shares of Globus Spirits rose 4.6 percent in the early trade on Monday after upward revision of selling rates of country liquor in Rajasthan.

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.

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It Is Positive Start For The Benchmark Indices On June 10 With Nifty Above 11,900

It is positive start for the benchmark indices on June 10 with Nifty above 11,900.

The Sensex is up 296.45 points at 39,912.35, while Nifty is up 86.10 points at 11,956.80. About 468 shares have advanced, 183 shares declined, and 46 shares are unchanged.

Indiabulls Housing, Vedanta, Tata Steel, Zee Entertainment, Yes Bank, IndusInd Bank, SBI, DHFL, Edelweiss Financial, Manappuram Finance, India Cements are among major gainers on the indices in the early trade, while losers are J&K Bank, Reliance Power, Reliance Capital , Reliance infra and PC Jeweller.

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Wall Street’s Major Indexes Charged Higher On Friday

US markets end higher on Friday: Wall Street’s major indexes charged higher on Friday, as sharply slowing US job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential progress in US trade fights with China and Mexico added to risk appetites.

Asian markets update: US stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, while weak US jobs data raised hopes for US interest rate cuts.

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Share Price Of Sagar Cements Gained 3.5 Percent In The Early Trade On Friday

Share price of Sagar Cements gained 3.5 percent in the early trade on Friday after company reported robust cement sales and production in the month of May 2019.

GIPCL has successfully commissioned 75 MW Solar Power Project at Gujarat Solar Park, Village Charanka, Dist. Patan, Gujarat, in a phased manner.

To boost the sagging economy, the RBI Thursday lowered its benchmark lending rate to a nearly nine-year low of 5.75 percent and changed its monetary policy stance to accommodative, leaving space for future rate cuts.

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The Sensex Is Down 41.81 Points Or 0.11% At 39487.91, And The Nifty Down 7.30 Points

It is flat start for the Indian indices on Friday with Nifty around 11,850.

The Sensex is down 41.81 points or 0.11% at 39487.91, and the Nifty down 7.30 points or 0.06% at 11836.50. About 309 shares have advanced, 242 shares declined, and 22 shares are unchanged.

BPCL, HUL, RIL, Maruti Suzuki are among major losers on the Indices, while gainers are Indiabulls Housing, Yes Bank, Gail, Zee Entertainment, IndusInd Bank, Godrej Properties and Page Industries.

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Trends On SGX Nifty Indicate A Negative Start For The Broader Indices In India

Trends on SGX Nifty indicate a negative start for the broader indices in India, a fall of 20 points or 0.17 percent. Nifty futures were trading around 11,864-level on the Singaporean Exchange.


Asian share markets dithered on Friday as investors waited for concrete signs of progress in the US-Mexican trade standoff, while bracing for a US jobs report that could sway the course of interest rates there.

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Tata Motors Shares Trading Lower On Thursday After Jaguar Land Rover Reported Weak

Tata Motors shares trading lower on Thursday after Jaguar Land Rover reported weak UK sales in May.

Shares of PSP Projects touched 52-week high of Rs 544, rising 4 percent in the early trade on Thursday as company won orders worth Rs 155.61 crore in the Financial Year 2019-20.

It is a flat start for the Indian indices on May 6 with Nifty below 12,000 ahead of Monetary Policy Committee meeting.

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The Sensex Is Down 50.85 Points At 40032.69, While Nifty Is Down 22.70 Points

The Sensex is down 50.85 points at 40032.69, while Nifty is down 22.70 points or 0.19% at 11999. About 423 shares have advanced, 401 shares declined, and 63 shares are unchanged.

IndusInd Bank, SBI, ICICI Bank, DHFL Gail, Indiabulls Housing, Yes Bank, Zee Ent, Tech Mahindra, Ultratech Cement, Grasim, Bharti Infratel are among major losers, while gainers are IOC, Tata Motors Bajaj Auto, Lupin and NTPC.

Among the sectors, PSU banks and IT space trading under pressure, while auto, FMCG and metal trading with marginal gains.

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Asian Shares Got Off To A Hesitant Start On Thursday

Asian markets trade mixed: Asian shares got off to a hesitant start on Thursday as investors feared a looming US trade war with Mexico would further depress global growth, even as they wagered central banks would have to respond with fresh stimulus.

Wall Street's major indexes rose on Wednesday as investors bet on a Federal Reserve interest rate cut after weak private sector jobs data and hopes grew that the United States and Mexico would reach an agreement to avoid US tariffs on Mexican goods.

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Bharti Airtel Proceed With An Initial Public Offering For Admission

Bharti Airtel's subsidiary IPO: Airtel Africa, a subsidiary of Bharti Airtel proceed with an initial public offering for admission and listing of its shares on the main market of the London Stock Exchange.

The offer is targeted to raise USD 750 million and will be used to reduce the net debt. Further, Airtel Africa is also considering a listing of its shares on the Nigerian Stock Exchange.

ICICI Bank and Axis Bank shares fell around a percent each intraday on June 4 after global rating agency Fitch downgraded both by a notch saying financial health of the private sector banks has weakened.

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The Sensex Is Down 132.09 Points Or 0.33% At 40135.53, And The Nifty Down 37.30 Points

The Sensex is down 132.09 points or 0.33% at 40135.53, and the Nifty down 37.30 points or 0.31% at 12051.20. About 300 shares have advanced, 325 shares declined, and 38 shares are unchanged.

Wipro, Dr Reddy's Lab, Wipro, Indiabulls Housing, PFC, NTPC, L&T, ITC and Titan are some of major gainers on the indices, while losers are TCS, Zee Entertainment, ICICI Bank, Axis Bank HCL Tech, BPCL and HPCL.

Among sectors, except infra and pharma all other indices are trading lower.

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